TECTONIC METALS WELCOMES DR. RICHARD GOLDFARB, DISTINGUISHED GEOLOGIST AND GLOBAL EXPERT IN OROGENIC GOLD SYSTEMS AND ALASKAN GEOLOGY TO TECHNICAL ADVISORY TEAM One of the Most Influential Figures in Economic Geology Joins Tectonic as Company
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TECTONIC METALS WELCOMES DR. RICHARD GOLDFARB, DISTINGUISHED
GEOLOGIST AND GLOBAL EXPERT IN OROGENIC GOLD SYSTEMS AND ALASKAN
GEOLOGY TO TECHNICAL ADVISORY TEAM
One of the Most Influential Figures in Economic Geology Joins Tectonic as Company
Ramps Up Exploration at Flat Gold Project in Alaska
VANCOUVER, B.C., June 12, 2025 – Tectonic Metals Inc. (“Tectonic” or the “Company”) (TSX-V:
TECT; OTCQB: TETOF) is honoured to announce a timely and strategic strengthening of the
Company’s Technical Advisory Committee with the appointment of Dr. Richard Goldfarb – one of
the most respected figures in global economic geology and a leading expert on orogenic and
intrusion-related gold systems, including Alaska.
A respected geoscientist with more than 40 years of research and industry experience, including
35 years with the U.S. Geological Survey (USGS), Dr. Goldfarb was awarded the 2023 SEG Penrose
Gold Medal, the highest honour in economic geology , recognizing his outstanding lifetime
contributions to the science and practice of mineral exploration. He has authored over 250 peer-
reviewed publications and led targeting and gold genesis studies for some of the world’s largest
gold systems across more than 30 countries, including studies of the 39 million ounce Donlin Gold
Project, just 40 kilometres (“kms”) from Tectonic’s Flat Gold Project and located within the same
mineral belt. 1 A foremost authority on the metallogeny of the North American Cord illera and
Alaskan gold deposits, Dr. Goldfarb’s foundational work has shaped modern exploration models,
directly impacting Tectonic’s strategy at Flat.
Tony Reda, President and CEO of Tectonic Metals, commented,
“Rich isn’t just an advisor – he’s part of Alaska’s geological DNA. His return is truly a homecoming.
He’s walked these rocks, studied deposits across these terra nes, and understands, better than
anyone, the immense gold potential this region holds. From research at Donlin and Flat in the 1980s
and 1990s, to shaping global theories on orogenic gold formation, Rich has helped define how the
modern exploration industry approaches gold discovery.
Since 1981, he has studied gold systems across Alaska alongside some of the most respected
academic and industry geologists – first as a USGS scientist, and more recently as a trusted
consultant to exploration and mining companies. Few have contributed more to the global
understanding of orogenic gold systems, and certainly none more so in Alaska. His early work
helped build the very geological framework we rely on today at Flat.
Collaborating with Rich is both humbling and energizing. His expertise will directly enhance our
targeting, refine our models, and move us closer to unlocking the full scale of Flat’s mineral
endowment. His appointment is a strategic advantage as we continue to expand our technical
capabilities and advance what we believe is a tier-one gold opportunity.
Tectonic’s Technical Advisory Committee is second to none, with globally recognized leaders in
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mineral exploration, structural geology, metallurgy, and mine development. Combined with our
exceptional internal team, we are uniquely equipped to seize every opportunity ahead. We’re
deeply honoured to have such distinguished professionals guiding our mi ssion to create
transformational value for our shareholders—this year and for years to come.”
Dr. Richard Goldfarb, Technical Advisor, commented:
“The direct relationship between the historic placer gold recovery and numerous prospective lode
gold occurrences, as well as the scale, preservation, and geologic architecture in the Flat area
suggest high favourability for significant discovery. Furthermore, the Flat project is located within
the highly underexplored and prospective Kuskokwim Mineral Belt of southwestern Alaska, which
hosts one of the largest undeveloped gold deposits in the world at Donlin Creek. The Flat Project
exhibits all the hallmarks of a good gold system – broad mineralized zones, well -developed
structural controls, and consistent geochemical and alteration signatures over several host targets
in competent intrusions and adjacent hornfels . Thr ow in the reported exceptional metallurgical
recoveries utilizing multiple mineral processing methods, including heap leach recoveries of up to
96%, further enhance its potential. Among the systems I’ve reviewed globally, Flat ranks well in
terms of discovery potential, economic upside, and technical merit. Tectonic has assembled a highly
capable team and a focused exploration strategy. I’m excited to help guide the Company as it works
to unlock what could be one of Alaska’s next great gold deposits.”
To learn more about Tectonic’s Technical Advisory Committee, please click here:
A Defining Year for Tectonic Metals and the Flat Gold Project
Dr. Goldfarb’s appointment marks another major milestone in a year of transformative progress
for Tectonic and its Flat Gold Project. Key 2025 highlights to date include:
• High-grade oxide gold drill discovery at Alpha Bowl (March 2025), interpreted as the
northern extension of the Chicken Mountain intrusion, (+Read)
• Expansion of drilled mineralized strike from 2 km to over 3 km at Chicken Mountain
(+Read)
• Validation for the potential of a reduced -intrusion-related gold system at the Golden
Apex target and new mineralized zones identified at Chicken Mountain; (+Read)
• Exceptional metallurgical results from mix of oxidized and unoxidized material, with gold
recoveries up to 96% from heap leach column tests; (+Read)
• 80% oversubscribed recent private placement , C$12.7 million raised , reflecting strong
investor conviction. (+Read)
These results have set the stage for a high-impact Phase One diamond and reverse circulation drill
program, which is underway now.
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About Dr. Richard Goldfarb
Dr. Richard Goldfarb is a foremost authority on economic geology, with a career spanning over
four decades dedicated to advancing the understanding of gold deposit formation and mineral
exploration strategies. He holds a B.Sc. in Geology from Bucknell University, an M.Sc. in
Hydrogeology from the Univer sity of Nevada – Mackay School of Mines, and a Ph.D. in Geology
from the University of Colorado.
Dr. Goldfarb spent 35 years with the U.S. Geological Survey (USGS), where he served as a Senior
Research Geologist and led foundational research on the geology, metallogeny, and mineral
potential of Alaska and the greater North American Cordillera. He is g lobally recognized for
pioneering work on orogenic gold systems, ore genesis, and tectonic controls on mineralization,
producing over 250 peer -reviewed publications and scientific papers that have shaped global
exploration models.
His contributions have had direct and lasting impact on exploration in Alaska, including early
resource assessment work at the Flat Gold Project in the 1980s – Tectonic Metals’ flagship asset –
as well as major metallogenic studies at world -class deposits such as Donlin Gold. His work has
provided critical frameworks for understanding the link between large -scale tectonics and gold
deposition, influencing exploration decisions across the global mining sector.
In recognition of his lifetime achievements, Dr. Goldfarb was awarded the 2023 Society of
Economic Geologists (SEG) Penrose Gold Medal, one of the highest honours in the field of
economic geology. Dr. Goldfarb currently holds appointments as a Research Professor at the
Colorado School of Mines, a Distinguished Professor at the China University of Geosciences
(Beijing), and an Adjunct Professor at the University of Western Australia. In addition to his
academic contributions, he is a sought-after consultant to leading mining companies and provides
technical guidance to governments, international agencies, and exploration companies worldwide.
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Dr. Goldfarb’s unmatched depth of knowledge and global perspective continue to influence the
next generation of exploration geologists and mineral resource strategies.
The Flat Gold System – Alaska’s Next Tier 1 Opportunity
The Flat Gold Project spans 99,800 acres of predominantly Native-owned land belonging to Doyon
Limited, one of Alaska’s largest Native Regional Corporations, which has invested over $4M in
Tectonic Metals, endorsing exploration on their land. Flat hosts bu lk-tonnage, intrusion-related
gold mineralization, comparable to the Fort Knox gold mine. It is recognized as a prime example of
the direct relationship between placer gold and bedrock sources. Placer gold shed from intrusions
has led to 1.4 Moz of placer gold production. Notably, the project has achieved a 100% drill success
rate to date, with gold intersected in all 86 drill holes at Chicken Mountain.
1. Donlin 2021 NI 43 -101 Technical Report. Tonnage: 541,337kt at 2.24g/t Au. Measured &
Indicated: 39,007koz Au. Assuming an average recovery of 89.5% and average 5% grade of
1.07, the marginal gold cut-off grade is 0.47 g/t. Gold price of $1,200/oz is assumed.
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and Doyon, one of Alaska’s largest for-profit Native Regional Corporations.
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Qualified Person
Tectonic Metals’ disclosure of technical or scientific information in this press release has been
reviewed, verified and approved by Peter Kleespies, M.Sc., P.Geo., Vice President of Exploration,
who is a Qualified Person in accordance with Canadian regulatory requirements set out in
National Instrument 43-101.
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On behalf of Tectonic Metals Inc.,
Tony Reda
President and Chief Executive Officer
For further information about Tectonic Metals Inc. or this news release, please visit our website at
www.tectonicmetals.com or contact Jesse Manna, Investor Relations, toll -free at 1.888.685.8558
or by email at [email protected]
Cautionary Note Regarding Forward-Looking Statements
Certain information in this news release constitutes forward -looking information and statements
under applicable securities law. Any statements that are contained in this news release that are not
statements of historical fact may be deemed to be forward -looking statements. Forward -looking
statements are often identified by terms such as “may”, “should”, “anticipate”, “expect”, “intend”
and similar expressions and include, but are not limited to, statements regarding the Offering,
including the expected closing date and participation by certain strategic funds for the amounts
described herein; the intended use of the net proceeds of the Offering, including the Company
securing sufficient funds for the 2025 drill program at Alpha Bowl by the expected launch date; the
potential for mineralization and planned exploration and drilling activities at Tectonic’s projects,
any future exploration activities and the size; the terms and closing date of the Share Consolidation,
including the expected benefits for shareholders; the receipt of any regulatory approvals, including
the final approval of the TSXV for the Offering and the Share Consolidation.
Forward-looking information is not a guarantee of future performance and is based upon a number
of estimates and assumptions of management at the date the statements are made including,
among others, assumptions about the Company securing sufficient financing for its planned
exploration and drilling initiatives on acceptable terms or at all, current estimates and assumptions
regarding the benefits of the Share Consolidation, future prices of gold and other metal prices,
currency exchange rates and interest rates, favourable operating conditions, political stability,
obtaining governmental and other approvals and financing on time, obtaining required licenses
and permits, labour stability, stability in market conditions, availability of equipment, accuracy of
any mineral resources, successful resolution of disputes and anticipated costs and expenditures.
Many assumptions are based on factors and events that are not within the control of Tectonic, and
there is no assurance they will prove to be correct.
Although Tectonic considers these beliefs and assumptions to be reasonable based on information
currently available to it, they may prove to be incorrect, and the forward -looking statements in
this release are subject to numerous risks, uncertainties and o ther factors that may cause future
results to differ materially from those expressed or implied in such forward -looking statements.
Forward-looking statements necessarily involve known and unknown risks, including, without
limitation: the Company’s ability to consummate the Offering and the Share Consolidation on the
terms described herein or at all; the Company’s ability to implement its business strategies; risks
associated with mineral exploration and production; risks associated with general economic
conditions; adverse industry events; marketing and transportation costs; loss of markets; volatility
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of commodity prices; inability to access sufficient capital from internal and external sources,
and/or inability to access sufficient capital on favourable terms; industry and government
regulation; changes in legislation, income tax and regulatory matters ; competition; currency and
interest rate fluctuations; and other risks.
Readers are further cautioned not to place undue reliance on forward-looking statements as there
can be no assurance that the plans, intentions, or expectations upon which they are placed will
occur. Such information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially from those
anticipated. Forward-looking statements contained in this news release are expressly qualified by
this cautionary statement. Although Tectonic has attempted to identify important factors that
could cause actual results to differ materially from those contained in forward -looking
information, there may be other factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such information will prove to be accurate, as actual
results and future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward -looking information. Tectonic
does not undertake to update any forward -looking information, except in accordance with
applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release.